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Agent details

This property is listed with:
Capital Invest
1 Canada Square, E14 5AA
Telephone:
 

Full Details for Studio for sale in Cromer, NR11 :

Property description

Attractive freehold property investment opportunity.
The tenant is the largest nhs dental provider in the
UK with over 550 practices nationwide. A substantial
nhs contract providing long term and stable income.
The dental surgery is arranged on the, ground, basement, first and second floors of two
interconnecting mid terraced units, comprising eight
treatment rooms with a net internal area of
2681.06sq.M 20 year lease, breaks at 10 and 15 years
with fixed rental uplifts.
Past performance does not guarantee future results. Actual results may
differ materially from the forecasts / estimates. Views, opinions, trends, and prices expressed are subject to change without prior notice. They do
not constitute investment advice or a guarantee of returns.

Dental Property Investments has the expertise and contacts in the healthcare lending sector to assist in sourcing competitive finance for property acquisitions.
Properties can be purchased through various routes. These include direct investment, through personal pensions, fund or through other tax efficient arrangements. Please ask to find out which method of investment is appropriate for your needs.

* Including fees and stamp duty, excluding vat. ~Investment
characteristics are based on assumptions and therefore are estimates.
Property investment may expose you to risk of losing your investment.
Property is an illiquid asset. Sometimes properties may not be so easy to
sell and this means that the liquidity of your investment cannot be
guaranteed.

Dpi Investment Characteristics
• sipp compliant
• Backed by independent valuation
• Lease lengths of 15 to 20 years
• Low risk tenants with high rental cover
• Estimated delivery of 10% irr to investors
• Bank finance ltv’s of 50%-70%
• Approximate gross initial yields of 6.5%

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House Prices for houses sold in NR11 6AJ

Stations Nearby

North Walsham
5.7 miles
Gunton
6.4 miles
Worstead
6.5 miles

Schools Nearby

Sheringham Woodfields School
10.1 miles
Sidestrand Hall School
9.0 miles
Hall School
9.5 miles
Bure Valley School
0.4 miles
John of Gaunt Infant and Nursery School
0.4 miles
Aylsham, St Michael's Church of England Voluntary Controlled Nursery and Infant School
0.2 miles
Paston College
5.9 miles
North Walsham High School
6.1 miles
Aylsham High School
0.2 miles